Chinese to invest in 100,000 ton per year Cambodia cassava ethanol project

In Cambodia, as part of China’s “The Belt and Road Initiative”, Hong Kong-based North Asia Resources will buy 14,000ha in Pursat Province for more than $52 million in order to produce cassava that will supply a 100,000 metric ton per year ethanol plant. Methane, carbon dioxide, bio-solid organic fertilizers and bio-power generation will also be produced at the facility. The company that had previously been involved heavily in the coal industry but was pushed out by government policies has been doing cassava trials since last year.